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Azerbaijani metallurgical industry renders services worth 124.5 million manat

Business Materials 15 July 2011 15:43

Azerbaijan, Baku, July 15 / Trend H.Valiyev/

In January-June, metallurgical industry of Azerbaijan produced products and rendered services worth 124.5 million manat, the State Statistics Committee said.

Amount of production in metallurgical industry in Azerbaijan increased by 1.7 times, finished metal products during this period decreased by 13.5 percent.

Roughly 118,200 tons of steel casting was produced in this sphere within six months or 1.8 times more compared to the same period of 2010.

Amount of production of reinforcement reached 85,800 tons, which is 18.8 percent more than in January-June 2010.

Amount of production of iron casting reached about 149.7 tons, which is 79.5 percent less than the same period of 2010.

Amount of production of wires and cables made of ferrous metals reached 264.7 tons, which is 35.6 percent more than in January-June 2010.

Some 45,300 tons steel pipes were produced, which is 2.8 times more than the same period of 2010.

Amount of export of semi-finished products made from ferrous metal, as of January-June 2011 exceeded 88,300 tons (to the amount of more than $41 million), which is 61.1 percent (in monetary terms - 75.8 percent) more than compared to the same period of 2010.

During reporting period, the amount of exported pipes made from ferrous metal was more than 38,700 tons (to the amount of over $40.2 million), which is 162.9 times (in monetary terms in 206 times) more compared to the same period of 2010.

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